Cheap Homes for Rent in Penney Farms, FL from $1,200 (11 Rentals)

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Search the lowest-cost Homes available for rent right now in Penney Farms.

property at 2970 Ravines Rd

$1,250 - $1,600

1 To 2 Bedroom Rentals

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2970 Ravines Rd

MiddleburgFL32068

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

Roommate Matching: Finding the Right Fit and Avoiding Pitfalls

When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.

Penney Farms, FL Local Guide

Cheapest Available Penney Farms Apartments for Rent and Nearby

 

The cheapest available apartment rental in Penney Farms, FL is a 1 Bed unit found at Hunter's Run in the Oakleaf Plantation neighborhood priced from $899. Lindsey Terrace Apartments in the Candlewood Cove neighborhood has the second lowest priced unit, which is a 1 Bed apartment currently listed from $940. Here is today’s list of the most affordable Penney Farms apartments for rent:

Apartment ListingModel NameBed/BathPriced From
Hunter's RunAndalucian1BR,1BA$899
Lindsey Terrace ApartmentsOne Bedroom One Bathroom 60%1BR,1BA$940
Jefferson WayStudio OStudio,1BA$950
Victoria at Orange ParkCanyon1BR,1BA$999
St Johns Landing ApartmentsTwo Bedroom Townhouse2BR,1BA$1,040

Best Value Apartments for Rent in Penney Farms, FL and Nearby

As of February 20, 2026 the best value apartment in the Penney Farms area is the $1.25 price per square foot Cypress Model at 360 Communities at Shearwater in the in the Mill Creek Landing neighborhood starting from $2,258. The second greatest value Penney Farms apartment is the Keaton Model at Discovery Trails Townhomes starting at $2,197 with a $1.22 price per square foot in the Kindlewood neighborhood. Here is today’s list of the best values for Penney Farms apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
360 Communities at ShearwaterCypress3BR,2.5BA$1.25
Discovery Trails TownhomesKeaton3BR,2.5BA$1.22
Pointe Grand Oakleaf2 Bedroom, 2 Bathroom2BR,2BA$1.27
Townhomes at Maverick Trails3BR/2.5BA3BR,2.5BA$1.30
Riverside at Orange Park2 Bedroom, 2 Bathroom Renovated2BR,2BA$1.27
Parkland at Orange ParkElderberry2BR,2BA$1.34
Edge at LakesideB32BR,2BA$1.19
Park Village2x22BR,2BA$1.32
Laurel Grove Apartment Homes1 Bed 1 Bath1BR,1BA$1.30
Hunter's RunAndalucian1BR,1BA$1.27

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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The Ultimate Long-Distance Moving Checklist: Tips from a Real Estate Pro

Moving is tough, especially long-distance. Learn how to minimize stress & expenses with proven strategies from a real estate pro, covering everything from logistics to finances.

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Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

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Remember the 3 Rules of Real Estate:
Location, Location, Location!

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Frequently Asked Questions about Penney Farms

What type of rentals are currently available in Penney Farms?

There are currently 38 Apartments for Rent in Penney Farms, FL with pricing that ranges from $899 to $2,835. There are also 35 Single Family Homes for rent, Condos, and Townhome rentals currently available in Penney Farms ranging from $1,200 to $3,495.

What is the current price range for Rental Homes in Penney Farms?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Penney Farms ranges from $1,200 to $3,495 with an average monthly rent of $1,871.

How much are larger Three and Four Bedroom Rentals in Penney Farms?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Penney Farms range from $1,175 to $2,835, while Three Bedroom Homes, Condos, and Townhomes for rent range from $1,590 to $2,600. Four Bedroom Single-Family rentals are also available starting from $1,395 and Four Bedroom Apartments start at $1,801.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

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Maximizing Your Refund: Essential Tax Tips for Renters

Written by: Christine Leonard, Esq.

Other than tax professionals, I can’t think of anyone who looks forward to tax season. For everybody else, April is a stressful month to collect information and meet deadlines.

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18 Must-Ask Rental Tour Questions That Reveal the Truth about a Property

Written by: Lauren Harrington

Renting your next home can feel thrilling and overwhelming at the same time.

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A Renters Guide for Tips on Writing Your Notice for Not Renewing Your Apartment

Written by: Bob Mallory

Packing up everything you own to move is so stressful for many that ending your apartment lease can feel like a small or unimportant task. Ending your lease involves more than simply turning over your keys on the last day.

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Renting with Roommates: Realistic Expectations for Shared Lease

Written by: Christine Leonard, Esq.

Given the high costs for housing, I have found that many people are looking for a roommate to share expenses. These arrangements can increase opportunities for more desirable and larger spaces.